Market News

With the Fed surprising traders & Australian jobs data ahead, AUD/USD looks like it has the best chance of more volatility and potential short-term trade opportunities. 

It’s FOMC statement day today so you know we gotta take a look at them major dollar pairs! What do you think of USD/JPY’s wedge?

The Land Down Under will be releasing its May jobs report tomorrow, and here’s what you need to know if you’re trading this news event.

AUD/JPY has been quiet recently, but with Australian & Japanese data ahead, as well as a highly anticipated Federal Reserve statement tomorrow, this range may not hold. 

I’m looking at this textbook trend retracement setup on the short-term chart of USD/CAD today. Will buyers defend any of these support zones?

The FOMC decision is shaping up to be the main event for this week, so better start prepping if you’re gonna trade this top-tier catalyst. 

GBP/AUD may be set to move with the latest employment data from the U.K. hitting the London trading session.

We won’t see a lot of top-tier economic releases in the next trading sessions, so I’m setting my sights on a swing-term trend that may yield pips this week.

Start your trading week right by prepping for these top-tier catalysts and checking out my potential trade setup.

I’ve rounded up FOUR mechanical forex strategies right here to see how they performed recently. Take a look!

Are the Summer Doldrums here?! It sure looks like it as the major FX pairs held steady, up until Friday where the Greenback snuck in a late week rally to take the top spot.

Guppy is hanging out at the very top of its descending channel, and the upcoming speech from BOE head Bailey could trigger a bounce or a break.

USD/CHF looks like it’s ready for a big move ahead of the U.S. CPI release. Which direction will it trade in the next couple of hours?

EUR/JPY’s longer-term uptrend seems to be on shaking footing; will the upcoming monetary policy statement from the ECB solidify that change?

With the BOC statement coming up, I’m counting on a big move from this Loonie pair. Think we’ll see a bounce or a break?

Uncle Sam is about to print consumer price increases in May. How can you trade the event?

With another round Australian & Chinese economic updates ahead, will minor resistance break on AUD/NZD or is an uptrend pullback ahead? 

There aren’t a lot of top-tier reports on tap so risk-taking will likely move the major currencies around. What do you think of NZD/USD extending its short-term downtrend?

The BOC is printing its policy decision this week! Are you ready to trade the event?

AUD/JPY hits the top of our short-term watchlist today as volatility may pick up and we see an opportunity to play the longer-term slow trend higher.